Henrico County Local Incentives and Grant Application Forms
Prior to submitting any Enterprise Zone incentive applications, please contact the Enterprise Zone staff at 501-7615.
Existing Freestanding Signage Grant
- Grants up to the lesser of 33% or $2,000 for demolition, replacement, or refurbishment of an existing freestanding sign.
- New freestanding signs are not eligible for this grant.
- This may be used separately or with other grants.
- Offered for the life of the Zone
- Grant application
Architectural/Design Assistance Program:
- Professional design assistance for façades and exterior improvements
- To enhance the appearance of the Zone and project a more positive image
- No cost to the business
- Offered for the life of the Zone
- Design Assistance Application
Building Façade Grants:
- Grants up to the lesser of 33% of renovation costs or $30,000
- For exterior improvements or to correct external or interior code violations
- Business must agree to create one job for each $10,000 received
- 51% of jobs must be for persons previously low income
- To enhance the appearance of the Zone
- Offered for the life of the Zone
- Building Façade Grant Application
Building Façade Grant for Existing Small Businesses:
- Grants up to the lesser of 33% of renovation costs or $30,000 for exterior improvements and to correct external or interior code violations or code deficiencies for existing small businesses that cannot create new jobs
- Limited to existing small businesses with a maximum of six full-time equivalent employees
- Offered for the life of the Zone
- Building Façade Grant Application for Existing Small Businesses
Off-Site Improvement Grants:
- Grants up to the lesser of 33% of the cost or $10,000
- For off-site drainage, water, sewer, broadband, sidewalk and bus stop improvements
- Must invest a minimum of $250,000 in a new building or $50,000 in exterior improvements to an existing building
- Business must agree to create one job for previously low income person for each $10,000 received
- Offered for the life of the Zone
- Off-Site Improvement Grant Application
Paving Grant:
- Grants up to the lesser of 33% of the cost of paving or $5,000 where existing parking areas are gravel or deteriorated, and for parking area expansion
- For properties with existing buildings or where and addition(s) to an existing building is proposed
- Offered for the life of the Zone
- Paving Grant Application
Landscaping Grant:
- Grants up to the lesser of 33% of the cost of landscaping or $2,000 for the enhancements of the parking areas, or front of the building or property
- For properties with existing buildings or where an addition(s) to an existing building is proposed
- Offered for the life of the Zone
- Landscaping Grant Application
Building Demolition Grant:
- Grants up to the lesser of 33% of building demolition or $30,000 to clear a site for new development
- Demolition must clear the site for an additional investment of $250,000 for a new building
- Property owners will be reimbursed for demolition after new construction has been completed
- Offered for the life of the Zone
- Building Demolition Grant Application
Rehabilitation Real Estate Tax Exemptions:
- Seven-year tax exemption
- Based on increase in assessed property value resulting from certain rehabilitation
- Applies to commercial, industrial and multifamily real estate
- To offset costs associated with renovating older commercial/industrial structures
- Offered for the life of the Zone
Employment and Training Assistance:
- Referral of qualified applicants
- Related training within the Capital Area
- Utilizes Workforce Investment Act Funds and other resources
- Offered for the life of the Zone
Plan Review/Permit Fee Waivers:
- Waives fees for Plan of Development review, rezoning, building permits, others
- To reduce start-up costs for businesses wishing to locate or expand in the Zone
- Offered for the life of the Zone
Fire Safety Seminars:
- Free on-site seminars
- To improve safety/reduce threat of fire in older commercial/industrial structures
- Offered for the life of the Zone
Crime Prevention Through Environmental Design:
- An in-depth analysis of commercial/industrial sites to reduce or eliminate crime
- Offered for the life of the Zone
Commercial Revitalization Staff:
- Technical assistance to businesses in the Zone
- Offered for the life of the Zone
Training Seminars for Businesses:
- Seminars and training sessions in marketing, special events, design, others
- Offered for the life of the Zone
Accelerated Development Processing:
- Fast track plan review and approval
- For major development activities within the Zone
- To reduce start-up costs for businesses wishing to locate or expand within the Zone
- Offered for the life of the Zone
